Business Insider5y
Citigroup just announced 137 new managing directors in its trading and dealmaking unit — we got a hold of the internal memo with all the names
More than 50 of the 137 new managing directors this year came from the firm's sales and trading division, while nearly 40 came from the firm's dealmaking unit, according to a memo from Citi ...
Yahoo Finance28d
Citi is bucking the RTO trend and sticking to 3 days a week in the office, even as it spends $1.2 billion on a new London office
Citi is spending £1 billion ($1.2 billion) to renovate its London office into a "workplace for the future." The Citi Tower in Canary Wharf is due to open in 2026. Citi's approach is less strict ...
Business Insider5y
JPMorgan and Citigroup just closed bond desks for smaller trades in favor of algorithms. It's another sign that robots are taking over.
Citigroup and JPMorgan both recently disbanded teams dedicated solely to trading small-size corporate-bond transactions, known as odd lots, according to people familiar with the matter.